Using Reorganization as Management Tool

Every day, more and more businesses are facing financial crisis or adverse business conditions such as a partner disagreement. A few of these businesses will recover and ultimately regain their footing, but many won’t. While a lot of struggling businesses have fundamentally strong business plans, skilled leadership and have been successful in the past, these factors alone may not be enough to counteract an environment of declining sales, losses from investments, rising costs and outstanding receivables. This presentation is designed to show creditors, entrepreneurs, franchisee, franchisors and lawyers how to use bankruptcy as a management tool

Desktop computers have been in existence for over 30 years, but the innovation in the last 10 years has fundamentally transformed the way we use them. The desktop is now increasingly found in the cloud, thanks to the technological advancements leading to the Virtual Desktop Infrastructure (VDI). While VDI has been in existence for the past 8 years or so, it has become more relevant in the banking and insurance industries in recent years. Insurance agents and Wealth Managers work in a heavily regulated industry. While adhering to heavy regulations, the Insurance Agents and Wealth Managers have a critical need to access important information in real time to better serve their clients.

Now with VDI they’re able to break free from the limitations of the traditional infrastructure, being able to access real time information any time anywhere, enabling them to focus on their clients’ needs. Join us in this session to learn from Craig Beattie from Celent and Muthu Somasundaram from VMware, how VDI has helped accelerate the pace of innovation in the Insurance and Wealth management industry, while maintaining compliance with all regulations.

Managing an Enterprise Amazon Web Services budget can be daunting. Your engineers love the flexibility that AWS offers. But your management and finance teams dread the unpredictability of variable cloud costs. They need to know that your costs are under control and that you’re saving money where you can.

In this webinar, we’ll show you the tools and processes used by successful companies to monitor, manage and communicate complicated AWS cost and usage data. You’ll learn how to:

Don't be caught off guard when your auditors show up and start asking internal control questions that you can't answer. In this roundtable session, listen, learn, and share your experiences around managing your internal control system with your ERP system and what to be prepared for BEFORE the auditors show up. There are always tips to learn from others in the compliance area and this session traditionally has lively dialogue, so don't miss this opportunity to prepare for your next audit.

In this session, we’ll cover the techniques used to properly and consistently assess the financial and business benefits of a technology investment. We’ll review the tools used to build a financial business case and examine the strengths and weaknesses of metrics such as ROI, TCO, NPV, and Payback. We’ll look at the challenges of credibly estimating direct and indirect benefits, and outline a straight-forward process for estimating indirect benefits.

One of the significant changes resulting from the current economic climate has been the level of external scrutiny applied to IT initiatives. CFOs are demanding comprehensive business cases that can both articulate the value that IT brings to a business and withstand vetting by financial analysts. This session will integrate traditional financial models with business value metrics in order to provide an understandable vehicle for obtaining approval for IT Initiatives. Learn how to quantify financial costs and benefits in order to bridge the gap between what a CIO wants and what a CFO needs to justify the IT investment.

The demands from our business partners for business technology, business services and IT services are continuously expanding! This is nothing new as there always was an appetite for new technology and services; however in the age of the customer where customer loyalty and empowered customers have lots of choices, IT organizations need (and some are) rethinking on how to better partner with the business teams. The challenges for IT are how to continue managing the existing environment and balance this with investments and innovations given that the IT budgets between now and 2016 stay relatively flat. IT organizations have always “done finance” in some shape or form. So the question to IT organizations and executives is not “Are you doing IT financial management?” but rather “How mature is your IT financial management?”

In this session Eveline Oehrlich, Forrester’s Research Director and VP, IT Operations is sharing some of Forrester’s thinking relative to the topic of IT Financial management. Additionally, she has invited two panel members with whom she will explore their maturity relative to their IT financial management initiatives.

Every day, more and more businesses are facing financial crisis or adverse business conditions such as a partner disagreement. A few of these businesses will recover and ultimately regain their footing, but many won’t. While a lot of struggling businesses have fundamentally strong business plans, skilled leadership and have been successful in the past, these factors alone may not be enough to counteract an environment of declining sales, losses from investments, rising costs and outstanding receivables. This presentation is designed to show creditors, entrepreneurs, franchisee, franchisors and lawyers how to use bankruptcy as a management tool

Sinking economy? Troubled customers? Will you soon be a creditor in bankruptcy? Perhaps the only thing worse than losing money due to the bankruptcy filing of your customer is having the Trustee turn around and sue your company for a preferential transfer or fraudulent conveyance. But the pain of these avoidance actions doesn’t have to be so bad! Be proactive. This presentation will discuss basic steps that you can take now to minimize or eliminate the risk of your company being sued for a preferential transfer or fraudulent conveyance.

For years, Michael D. Fielding has successfully defended creditors against avoidance actions. He understands the challenges these lawsuits pose to companies. He knows and understands the defenses that can be raised and the steps that should be taken before a bankruptcy is filed to minimize ultimate exposure. Mr. Fielding is an attorney in the Insolvency and Commercial Bankruptcy practice group of Husch Blackwell Sanders LLP in Kansas City, Missouri. He is certified as a Business Bankruptcy Specialist by the American Board of Certification.

In the current economic slowdown, many national and regional retail chains have resorted to the bankruptcy courts. Recent examples within the past several months include Circuit City, Ritz Camera Centers, S&K Famous Brands, Mervyn's, Linens 'n Things, Goody's Family Clothing, National Dry Cleaners, Shoe Pavilion, Sharper Image and Whitehall Jewelers. In the current cycle, very few retailers have successfully reorganized in Chapter 11; liquidations seem to have become the norm. This presentation will survey the current landscape of retail Chapter 11 cases and discuss strategies for landlords, vendors, banks and others to protect their rights and maximize outcomes in a difficult environment. We will also review and discuss the ongoing debate over the impact of the 2005 Bankruptcy Code amendments on the ability of retailers to reorganize, and possible legislative responses.

The financial management community on BrightTALK is made up of engaged finance and accounting professionals. Find relevant webinars and roundtable discussions on financial planning advice from industry thought leaders, financial reporting, accounting and value measurement.